Cybersecurity & Privacy

Once compliant with the latest regulations, it’s up to the organizations themselves to ensure they and their employees practice what is best and do the right things to ensure their networks stay secure.

Back in August, JPMorgan revealed that it was the subject of an ongoing cybersecurity incident that stole information from some 76 million of its customers as well as millions of small businesses. At the time, details were scarce about the vector of the attack. Other giants in the financial industry...

These recent developments demonstrate that when assessing cybersecurity risks businesses must think beyond the consumer data breach lawsuits that dominate the headlines and consider potential claims from business partners and shareholders.

The Federal Communications Commission (FCC) has become the latest to join the ranks of regulators imposing fines for data negligence on companies, announcing on Oct 24 that it will impose its first fine related to data security on phone providers TerraCom Inc and YourTel America Inc. The FCC is asking...